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IMPORTERS:
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Hongkong Bank Building
HONG KONG DISTRIBUTORS
KA FOONG
HONG
131, Hennessy Road,
AMERICAN
PRESIDENT LINES
TRANSPACIFIC and ROUND-WORLD SERVICES
Next Sailings
UNITED STATES
Second and Third week in August
For further particulars apply
AMERICAN PRESIDENT LINES
"ROUND-WORLD SERVICES" AGENTS FOR TRANSCONTINENTAL & WESTERN “AIL ̄AND ́UNITED-AIR-LINES.
12 Pedder Street
NIAGARA FALLS
ROCKY MOUNTAINS
ALLURENO ALASKA
DELUXE TRAINS
Telephone 28171
Going on Leave?
SEE AMERICA
the Canadian Pacific Way
THE ACME
OF COMFORT FAST EXPREOS AIR-CONDI~ TIONED TRAINS-DAILY-THROUGH MAJESTIC CANADIAN ROCKIES. UNSURPASSED GOD MILES OF MOUNTAIN SOKŃERY, THEN ON TO TORONTO FOR A BIDE TRIP TO NIAGARA FALLS AND MON- TREAL AND quebec, FRENCH SPEAKING CITIES ON THE ST. LAWRENCE.
STOPOVERS ALLOWED ANY. WHERE ENROUTE
RATES. EMBARKATIONS-IN- FORMATION
From Travel Agencies
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WORLD'S GREATEST TRAYSŁ SYSTEM UNION BUFERINO
•HONG KONG • TELUPMOME_20751
Count the "TELEGRAPHS"
everywhere_______
Friday,
HONGKONG TELEGRAPH
"PREST-O-LITE'
YOUR NEXT BATTERY
August 1, 1941.
CHINA'S MAJOR PROBLEM:
Feeding its people, is China's most pressing economic problem. On the solution to this
NO BETTER ASSURANCE OF problem future political
1.
RELIABLE
SERVICE
Than the Expressed Satisfaction
Of Car Owners
TYPES AVAILABLE
(Dry, uncharged)
6 VOLTS-13 & 15 PLATES 12 VOLTS-7 PLATES
FOOD
ting it on the market. Ac cording to a sample survey made recently by the Uni- versity of Nanking, 80 per cent. of agricultural pro- ducers are tenants or part tenants. Tenants pay most
developments may well hinge. Already econo-
which the Government being issued every five of their crop-over 80 per cent. in the Chengtu Plain, mic maladjustment has planned to take, as outlined months. produced far-reaching by the Director of the Na- Rice, however, led the 50 per cent, as an average— social and political con- tional Food Administration general price level last fall, as rent, and part of the rest In the in his speech before the The reason seems to have as interest on loans (the sequences. opinion of many obser- People's Political Council, been the insufficiency of the survey found that the inter- vers, it was one of the seemed to neutral observers 1940 crop, particularly in est for three months was 26 prime factors which to indicate that perhaps a Szechwan. According to the Per cent). Consequently conditioned the Central shortage of rice was the statistic of the Provincial they have little or no rice to ofsell; in fact they are usually Government, the crop Government's decision root of the problem.
He proposed:
hulled rice in. Szechwan, buyers themselves.
It is estimated that only to launch an attack on -- the Chinese Com- 1. Adjustment of supply Kuomintang China's "key
economic area," was 45,000,-19 per cent. of rice pro- 000 piculs, about half of the ducers have rice for sale. munists. Many see in with demand. it one of the major 2. Promotion of consump consumption requirements. Thus the landlord class has causes of the recent up-tion of cereal other than The Central Government's an excellent opportunity to
rice.
estimate was more gener-hoard and profiteer; and if surge of political repres- sion in China, pointing 3. Reduction of the brew-ous: 88,000,000 piculs of un-no actual scarcity exists, to hulled rice, a deficit of about create one on the market. out that scarcity usual-ing of rice wine.
4. Increase in food pro- 50,000,000. Even if the sur-The problem is politically ly brings policemen.
pluses of 1988 and 1939 complicated by the fact that (officially estimated at about the landlords are powerful- The food problem began duction.
5. Construction of irriga-23,000,000 piculs) were de-ly represented in the Kuo- to grow serious about a
ducted, a large deficit would mintang, China's ruling press their deep gratitude to all year ago. Up till that time tion works. friends and relatives for their the price of rice had been In November and Decem-remain. Of course rice re-party. expression of sympathy, floral tributes and attendance at the fairly stable, at least in ber the Government made presents only about half of comparison with the prices serious attempts to halt the China's food supply. In part
For further particulars apply Hongkong HOTEL
GARAGE
Phone 27778-9
The
· Stubbs Road
ACKNOWLEDGMENT
Mrs.
Family of the late Gullerinina Leong Hing-kee ex-
funeral.
A High Requiem Mass will be celebrated at the lomun Catholic Cathedral, Caine Hond, on Saturday, 2nd August, 1941, at 7.30 0.m. All relatives and friends are cordially invited,
The
of manufactured goods
which had been soaring ever since the fall of Can- ton, and Hankow. Before
Hongkong Telegraph. the war a picul (133.33 lbs.)
By HUGH DEANE
who has observed conditions in war-torn China for a year and a half as correspondent of the "Christian Science Monitor”
►
Season's Prospects
While the crop prospects for this summer are report- ed to be fairly good, the food problem in the long run seems likely to grow in-
four years of war, beset of rice in Chungking cost rise in food prices. Chiang the shortage of rice was creasingly serious. Torn by Kai-shek himself made a compensated by an increase) with floods and drought, about $9.50. In the winter of 1939-40 it cost $17; in powerful speech attacking in the winter crops, wheat, forced to feed armies num- the "rapacious gentry" who corn and vegetables-and by bering millions, crippled were hoarding the rice. In a general tightening of the and constrained by a primi- indicate news which it strictly copyright the summer and throughout later weeks a few profiteers belt.
Friday, Aug. 1, 1941, Wyndham St., Hongkong Telephone: 20015
TILE prefix "Special to the Telegraph" the summer, $30. Late in
fused by the "longkong Telegraph' to
under the provisions of the Telecommuni-
callons Ordinance, 1916. Buch new as the fall it rose as rapidly were even executed, includ-
bears the indication "U" is received in Hongkong on the date of publication by serve and republications.
laner wholly de in part without stavious
Arrangement.
WAR'S BIG LESSON
the Ministry of Labour show that the unemployment problem
tive semi-feudal agrarian
tired rice fields are with
the United Press Association who and dramatically as stocks ing Yuan Chuan-yu, a for- Localism Complication economic structure, China's fell in 1929, to $185. In De-mer mayor of Chengtu. A The food problem in growing difficulty providing cember one saw rice queues number of hsien (district) China is complicated by the food for Chinese stomachs. in the streets of Chungking, magistrates were dismissed localism of the economy, China's food problem is part The latest figures issued by lines of people holding bas. A series of new regulations which makes distribution of that of the whole of Asia. required the registration of
difficult, and by the concen- Asiatic food production has kets and bags standing.
rice holdings, set up an in-tration of rice stocks in a steadily shrunk, especially patiently along the curbs tricate system of licensing few hands. The high cost of since the Sino-Japanese war, Although recent Ministry re- Gendarmes kept them in for rice dealers, projected transport (gasoline now a factor which will intensify food surveys and set up costs about 23 Mexican dol-the strains, now rending the local price control commit- lars a gallon), together with continent. Rice Prices
tees. Sun Fo, son of Sun the general lack of roads, Indo-China, Siam and Current-reports received.
Yat-sen and President-of-makes-shipment-of-rice
Burma have a normal-an-* for ordinary industrial work from China show that the Legislative Yuan, even ad-from an over-supplied to an nual surplus of 200 million and the rest were moving from stabilisation felt early in yocated that the distribution insufficiently-supplied area
in England no longer exists,
cords indicate there were 310,-line.
000 unemployed in the middle
of July, at least one-third of the
male workless were unsuitable
piculs of rice, whereas one job to another on the day 1941 has not continued. In of rice be undertaken by difficult, and therefore Japan's deficit alone is now China really requires a con-180 million. Japan may be
of the count. Of the women unemployed, one-third were not
suitable for ordinary work, and
Szechwan the price is re-the State. ported to have reached $250 Profiteering Not Cause siderable surplus in order to forced to drain an increas- insure a fairly even dis-ing amount of rice from Central China, further dis- many more had been registered a picul, although in other for less than four weeks. It is districts the price remains Actually the basis of last tribution.
Even if an adequate locating Chinese agricul- tural economy. In the val- probable the next figures, will considerably less. Between year's dramatic price rise show an even greater reduction, March and May the price at appears to have been
fact that almost all of it is Japanese and Chinese are and that there will be no idle Kweilin, Capital of Kwang-combination of inflation and supply of rice exists, the leys of Central China the held by a few landlords battling for rice fields as workers except those who, for si, rose from $30 per pical scarcity, a scarcity on the one reason or another, are not to $96. In Kwangtung, a market if not in the ware- capable of being fitted into in-picul now costs $120, while houses. Profiteering was ad- brings the problem of get-well as for cities.
in the mountainous regions mittedly rampant, but pro.
dustry.
a
This result has been achieved of the same province it has fiteering is an effect rather GRIN AND BEAR IT
than a cause-profiteering] by the concentration of the nagone as high as $200,
tion's productive power on the
task of winning the war. Thu
In crowded Chungking can operate only on the same result was achieved in the the price for a picul of rice basis of scarcity. Such fac- war of 1914-18. After that has risen to as much as $400 tors as high cost of trans- war the unemployment problem to $500.
of
the
again became part "normal" life of the country,.
Shortage Crux?
port, poor distribution and hoarding are part of the problem of scarcity on the
because no steps had been taken Government officials stead-market-they help to cause happen again after this conflict. fastly maintained that rice it..
to prevent it. That must not
As the memorandum of "The was plentiful. They at The extent of inflation Peace", submitted to the annual tributed the price rise to approximates the increase conference of the Labour Party high cost of transport, in the general price level. expressed it: "Mass unemploy maldistribution, profiteering The note issue was about must make it intolerable in and "psychological factors." six billion at the end of peace. Distressed arena are in- But some of the measures 1940 To this must be add- compatible with a full war ef-
ed the provincial notes in
ment is intolerable in war; we
fort; the organisation which re-
moves them for the purpose of kind must be rid of the fear of circulation, Japanese notes war must remove them for the war, and that there must be aand foreign currency in purpose of peace. Finance is determination to abolish want Chinese areas, Government the servant, and not the master, and to realise for every citizen bonds, bank loans and other of political policy in war time; an "equal claim upon the coforms of credit, all of which it must continue. in that relation mon stock of welfare." Neither when peace comes. In war our need the cynics boast of scoring are part of inflation. The great material resources are not a debating point by arguing that velocity of circulation is! private empires to be adminis- the same ideals were bandied also a factor. It is esti- tered for victory; they must be about during the last war, and mated that the total note
to nought. Not only similarly administered as we came
Britain, but the entire world is and credit circulation wae turn from war to peace."
Not only Labour, but practic-to-day learning from bitter and about ten billion by 1941,
experience the compared with 1.9 in June,]. ally all sections of the communt- unforgettable ty-political, financial and so- necessity for a complete read-1987. According to the cial in Britain have come to Justment of social, economic and manager of one of the four express these sentiments. The political foundatione; this war: Government banks, a billion dollars' worth of notes is generally accepted formula for in fact, will make them inevi post-war Britain - Is that man- table..
By Lichty
"While you're fixing the displays, pilo that golf stuff: around the Prescription Courtar-this time of your doctor usually prescribo a lot of golf!"